Monthly Archives: February 2014

The Business World in One City? The International Festival for Business

Wednesday, February 26th, 2014

Brian Farrington Ltd are proud to announce that we are supporting the International Festival for Business this summer in Liverpool. “This is a great opportunity for all businesses involved to connect with other businesses (potentially clients, partners and suppliers) nationally and internationally. The Brian Farrington team have organised a number of events throughout the festival […]

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Do you believe in the reliability, truth and ability of your suppliers? Do you trust them?

Tuesday, February 25th, 2014

A recent audit report[1] raises a series of issues for procurement professionals, no matter the country in which they are located. A key issue is the trust placed in suppliers (providers as they are referred to in the report). The report pronounces, ‘DPW’s past practice of trusting the providers to ensure compliance with applicable laws, […]

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Most Favoured Nations Clause- Climbing the Mountain

Thursday, February 20th, 2014

In a sample of 100 buyers it is probable that >70% will not have heard of the ‘Most Favoured Nations Clause.’ Some will have heard of price matching clauses but are likely to be hazy about the detail. We’ve got for you here – a brief case study that step by step explains the importance […]

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Is it just a Lotto?- How Buyers Evaluate Tenders

Wednesday, February 19th, 2014

The expense incurred by the private sector in responding to public sector buyer’s pre-qualification and tender documents is an ‘industry’ incurring £millions of unnecessary expense. Repetitive requests by buyers for the same supplier data, amounts to little short of a scandal. Why can’t a data base be created that is available to all buying organisations? […]

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Construction Contracts – A Recipe for Disaster

Tuesday, February 18th, 2014

There is an endless, repetitive catalogue of construction disasters. They are not restricted to any part of the world, nor are the culprits’ uninformed clients and constructions companies. Brian Farrington Limited continues our research into the causes of construction ‘difficulties.’ One of our drivers is seeking to identify why the problems persist. Sign up to […]

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Negotiation – Are you demonstrating toughness?

Monday, February 17th, 2014

The most challenging assertion for a negotiator is to offer them the thought that their skill level may not be as high as it should be! The ability to negotiate is the potential home of all egoists; many will not entertain the thought that suppliers will tell them they are tough and the best negotiator […]

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Contract Performance Bonds

Wednesday, February 12th, 2014

IT’S A NEW ONE ON ME!- AND SIGN UP TO OUR MONTHLY NEWSLETTER AT THE BOTTOM OF THE PAGE NOW FOR MORE USEFUL INSIGHTS We have recently advised a client on the potential use of contract performance bonds. This very broad subject is in the psyche of project buyers in particular, but not unknown in […]

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